DEL NOTIFICATION OF ACQUISITION OF SECURITIES

Dairy Equity Limited (DEL) | 8:32 am, Friday 14 November 2008

DEL
0.200
0
(+0.00%)
Market Announcement
Type:BUYBACK

Listed Company Relations
New Zealand Exchange Limited
WELLINGTON

NOTIFICATION OF ACQUISITION OF SECURITIES OF DAIRY EQUITY LIMITED

For the purposes of Listing Rule 7.12.1, Dairy Equity Limited advises that the following securities have been acquired by the Company on 13 November 2008:

a Class of security Ordinary shares
ISIN NZDELE0001S8
b Number acquired 48,062
c Average consideration per share acquired $0.23c
d Payment terms Cash payment
e Amount paid up (if not in full) na
f Percentage of class of securities 0.1432828%
g Reason for acquisition As part of an on market share buyback announced on 4 November 2008
h Authority for acquisition Directors’ resolution dated 4 November 2008
i Terms or details of acquisition On market
j Number of securities in existence after acquisition 33,495,383
k Whether shares are to be held as Treasury stock Shares to be cancelled


Peter Lalor
Company Secretary

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